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De Beers speaks on demand for diamond jewellery, impact of India’s demonetisation policy on gems trade and synthetics’ threat or lack thereof

Global diamond giant, De Beers said that last year’s demand for diamond jewellery, across the key consumer markets, was broadly stable on 2015. Group head of media relations Lynette Gould told Rough & Polished’s Mathew Nyaungwa that the United States...

16 january 2017

We create jewelry that will remain after us

Jewelry holding Ringo, founded in 1993 in Ekaterinburg is one of the leaders in the Russian jewelry market, having an extensive customer base, a modern integrated manufacturing facility comprising all the cycles of jewelry making, from generating creative...

09 january 2017

Diamonds clad in tailor-made software

"Many passionate people believe in the future of the diamond sector but very few companies have the perception to invest in technology... have difficulty thinking or planning for long term,” feels Stephane Dujourdy, owner of an e-business company and...

04 january 2017

ALROSA is exploring Botswana for diamond deposits

Having 60 years of industrial diamond mining experience under its belt, ALROSA has long been successfully operating in several African countries, which are applying its expertise to a full extent. In 2012, the company formulated its Strategy for Developing...

26 december 2016

We are operating now in a more challenging geopolitical landscape

The world’s largest diamond hub in the City of Antwerp, tracing its origin as far back as the middle of the 15th century, came to its prominence soon after the Eureka Diamond, the first stone of this kind discovered in South Africa, caused a massive...

15 december 2016

ALROSA Group’s sales come near $4.5 billion in 2016

11 january 2017
ALROSA, the world’s major diamond producer, posted rough and polished diamond sales for December 2016 and interim results for 2016.
Rough diamond sales by ALROSA Group amounted to $ 173 million in December 2016, while polished sales reached $ 3.3 million. Total diamond sales for the month were $ 176.3 million.
“Sales results in December in the small-size segment still reflect weakening of small and middle-size Indian diamond-cutting companies due to the monetary reform underway in this country. Activity in other market segments corresponded to the seasonality of demand and our expectations,” says Yury Okoemov, Vice President of ALROSA.
Preliminary data indicate that ALROSA Group raked in $ 4.486 billion from the sale of rough and polished diamonds in 2016, 26% up versus 2015.


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